Rangers agree UEFA clause in deal to sign Liverpool defender Ben Davies
Rangers have agreed a special UEFA clause in the deal to sign Liverpool defender Ben Davies, according to Sam Wallace.
The Daily Telegraph journalist has reported that the Bears will pay £3million up front, with £1million in add-ons.
Those add-ons are said to be depend on Rangers’ qualification for the group stages of UEFA competitions over the next four-year period, with three now available.
Writing on his personal Twitter account, Wallace shared the special clause that has been inserted into the deal which is on the verge of completion.
“Ben Davies arrives at Ibrox from Liverpool for initial payment of £3m and an extra £1m dependent on Rangers qualification for group stages of UEFA competitions over four-year period,” he wrote.
This is smart business from Ross Wilson.
It isn’t clear how it works, but it may mean Rangers need to qualify for Europe every single year for the next four seasons, and that would mean they may only pay £250,000 a year extra if they do.
With the Champions League, Europa League and Conference League now all running, it is very likely that this added £1million is guaranteed to be played.
We all love the European nights at Ibrox and they bring in huge money, and if they continue, these add-ons will go out of our accounts basically unnoticed.
Davies is a very smart new signing and will add much-needed depth to the defence with Calvin Bassey on the verge of leaving for Ajax in the coming hours and days.
Giovanni van Bronckhorst will be happy that Wilson has moved very quickly too, with his squad set to have no voids left to fill ahead of a crucial period for the club.